News

Sat, 28 Apr 2018 07:08:44 GMT

Australia to monitor North Korean ships

The Defence Minister of Australia Marise Payne ordered on Saturday to send P-8A Poseidon patrol aircraft to Japan to ensure that North Korean vessels do not carry on board goods prohibited by the UNSC resolutions.

Sat, 28 Apr 2018 07:02:24 GMT

US-China tensions greatly concern Southeast Asia

The Prime Minister of Singapore Lee Hsien Loong stated on Saturday that deteriorating trade relations between the United States and China is one of the key concerns for Southeast Asian nations.

Sat, 28 Apr 2018 06:11:19 GMT

Election campaign officially starts in Malaysia

The Prime Minister of Malaysia Najib Razak has officially began to compete against his mentor Mahathir Mohamad for the post of country's leader despite various claims unjust electoral system and sabotage.

Sat, 28 Apr 2018 06:02:43 GMT

China and India to improve bilateral communication

According to The Indian Foreign Secretary Vijay Gokhale, China and India have decided to enhance communication between their security forces in order to avoid escalation of conflict at border.

Sat, 28 Apr 2018 04:52:40 GMT

US court temporarily blocks Xerox, Fujifilm merger

A US Court has temporarily blocked the $6.1B merger between the Japanese Fujifilm Holdings Corp and the US-based Xerox Corp due to a filed lawsuit by one of Xerox's shareholders.

Sat, 28 Apr 2018 04:52:18 GMT

RBI lifts restriction for foreign investors

The Reserve Bank of India has cancelled a restriction for foreign investors that limited their investments to corporate and government bonds with the maturity above three years.

Sat, 28 Apr 2018 03:51:58 GMT

Nasdaq seeks to improve liquidity of small companies

Nasdaq Inc has asked the US Securities and Exchange Commission to allow smaller companies to trade in one US stock exchange instead of all 13 to increase their liquidity.

Sat, 28 Apr 2018 03:51:35 GMT

Shares of US telecom companies fall before T-Mobile, Sprint deal

Shares of the US-based telecom companies SBA Communications and Crown Castle International fell by 4% on Friday following the news of a soon T-Mobile and Sprint Corp merger deal.

Fri, 27 Apr 2018 19:50:44 GMT

Refining margins harm Chevron, Exxon quarterly results

Weak refining margins harmed Chevron's and Exxon Mobil profits in the first quarter, suppressing overall gains from higher oil prices.

Fri, 27 Apr 2018 19:50:12 GMT

Amazon's ad sales boom to challenge Facebook-Google dominance

Amazon's growing business activity of selling spaces on the website to merchants helped to double profits, as a step od challenging the dominance of Facebook and Google.

Fri, 27 Apr 2018 19:15:52 GMT

Germany's Merkel could see bilateral US-EU trade deal

Germany's Chancellor Angela Merkel stated that she could see talks on a bilateral trade agreement between the US and the EU, adding that the WTO was unable to ensure multilateral agreements.

Fri, 27 Apr 2018 19:14:58 GMT

Phillips 66 profit surges on chemicals unit outperforming

The US oil refiner Phillips 66 reported a stronger-than-expected quarterly profit, supported by a 28% increase in net income coming from the company's chemicals unit.

Fri, 27 Apr 2018 18:31:17 GMT

Deutsche Bank to axe 1K US investment bank positions

Deutsche Bank is anticipated to cut nearly 1K positions or 10% of the workforce in the US, scaling back global investment banking conditions, a source familiar with the matter stated.

Fri, 27 Apr 2018 18:30:29 GMT

US economic growth weakens in Q1

The US economic expansion slowed in the Q1, as consumer spending rose at the weakest pace in the five-year period, though stronger wage growth indicated the setback would be transitory.

Fri, 27 Apr 2018 17:27:39 GMT

Pence: US to keep pressure on North Korea

On Friday, the Vice President of the US Mike Pence claimed that he welcomes the possible denuclearisation of the North Korea, underlining that the US will keep pressure on the country. 

Fri, 27 Apr 2018 17:22:45 GMT

Moscovici: Bulgaria next to adopt Euro

On Friday, Economic Affairs European Commissioner Pierre Moscovici claimed that Bulgaria is the next EU state which will adopt Euro, underlining that a process of adoption needs to be conducted without rush. 

Fri, 27 Apr 2018 16:17:59 GMT

Trump welcome negotiations between South and North Korea

On Friday, the President of the US Donald Trump welcomed the historic meeting between the President of South Korea Moon Jae-in and the North Korean leader Kim Jong Un.

Fri, 27 Apr 2018 16:13:31 GMT

Brazilian president Temer denies corruption allegations

On Friday, the President of Brazil Michel Temer denied allegations regarding the corruption investigation on the regulation-related bribes laundering through real estate operations. 

Fri, 27 Apr 2018 14:51:47 GMT

EU law to cover British banks until 2020

Britain's banks are likely to be covered by the EU law until the 2020 end if the withdrawal agreement agreed by the EU and Britain is ratified, the ECB stated.

Fri, 27 Apr 2018 14:48:30 GMT

Colgate sales disappoint amid stagnant demand in Latin America

Colgate-Palmolive stated that first-quarter sales were weaker than anticipated amid tepid demand in the comapany's biggest market in Latin America.

Fri, 27 Apr 2018 14:36:48 GMT

Japan launches transforming autorobot

Brave Ro0botics' CEO Kenju Ishida has unveiled its humanoid robot called "J-deite RIDE" in Japan on Wednesday, which can transform into a sports vehicle in around 60 seconds.

Fri, 27 Apr 2018 14:31:55 GMT

Petrobras nears $5.8B debt deal with Eletrobras

Petroleo Brasileiro and Centrais Eletricas are nearing to close a $5.75B deal to resolve a dispute of Eletrobras debt, according to the Valor Economico newspaper's report on Friday.

Fri, 27 Apr 2018 13:36:59 GMT

Bayer agrees to sell more assets amid Monsanto deal

On Thursday, Bayer agreed to sell extra assets to BASF, fulfilling the undertakings to the EU as part of the Monsanto takeover.

Fri, 27 Apr 2018 13:34:23 GMT

Ping An's unit attracts $1.1B in Hong Kong largest IPO

Ping An's online healthcare service Good Doctor raised $1.12B in the initial public offering, the largest in Hong Kong this year, sources familiar with the issue reported.

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